Home Must Reads Brownfield redevelopment could boost economy

Brownfield redevelopment could boost economy

| Print |  Email
Must Reads
Thursday, November 08, 2012

More brownfield redevelopment like in Portland's South Waterfront could boost the economy and provide needed housing, a Metro report says.

The Regional Brownfield Scoping Project estimates there may be as many as 2,300 properties in the region that are potentially contaminated and either vacant or underutilized. This represents about 7 percent of all commercial, mixed use and industrial zoned lands within the urban growth boundary administered by Metro.

According to the report, under land-use regulations, redevelopment of the entire inventory could yield up to 71 million square feet of new development, including 138,000 new dwelling units and work space for about 69,000 more jobs, generating nearly $1.4 billion in additional wages and as much as $427 million in new property tax revenue.

Read more at The Portland Tribune.

{biztweet}brownfield{/biztweet}

 

More Articles

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS